Just because a company chooses or is forced to reorganize its management team, that doesn’t mean it’s in any kind of trouble. Not necessarily, as Samsung, for instance, is doing better than ever from a financial standpoint, selling smartphones, TVs, displays and memory chips like hotcakes, nonetheless having to restructure the leadership of its many Electronics businesses recently.
But you can probably safely assume LG’s own executive shakeup was in large part precipitated by the perpetual inability of the chaebol’s mobile division to turn a profit.